Description
BSE announces listing of 10,76,000 equity shares of KOURA FINE DIAMOND JEWELRY LIMITED issued on preferential basis to promoters and non-promoters pursuant to conversion of warrants, effective January 28, 2026.
Summary
BSE has announced the listing of 10,76,000 equity shares of KOURA FINE DIAMOND JEWELRY LIMITED (Scrip Code: 544139) effective from Wednesday, January 28, 2026. The shares were issued on a preferential basis pursuant to conversion of warrants - 6,50,000 shares to promoters and 4,26,000 shares to non-promoters. The shares are priced at Rs. 31.30 per share (face value Rs. 10 plus premium of Rs. 21.30) and will rank pari-passu with existing equity shares.
Key Points
- Total shares listed: 10,76,000 equity shares of Rs. 10/- each
- Promoter allotment: 6,50,000 shares (Dist. Nos. 3601501 to 4251500)
- Non-promoter allotment: 4,26,000 shares (Dist. Nos. 4251501 to 4677500)
- Issue price: Rs. 31.30 per share (Rs. 10 face value + Rs. 21.30 premium)
- ISIN: INE0M8R01011
- Shares issued pursuant to warrant conversion on preferential basis
- Shares ranking pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a routine listing notification following SEBI preferential allotment and warrant conversion regulations.
Compliance Requirements
- Trading members must note the listing of new securities
- Shares subject to mandatory lock-in periods as specified
- Promoter shares (6,50,000): locked-in until July 31, 2027
- Non-promoter shares (4,26,000): locked-in until July 31, 2026
Important Dates
- Allotment Date (Promoters): August 22, 2025
- Allotment Date (Non-Promoters): September 10, 2025
- Listing Date: January 28, 2026
- Lock-in Expiry (Non-Promoters): July 31, 2026
- Lock-in Expiry (Promoters): July 31, 2027
Impact Assessment
Minimal market impact expected. This is a standard preferential allotment listing representing approximately 10.76 lakh shares. The shares are subject to lock-in restrictions limiting immediate liquidity impact. The promoter shares have a longer lock-in period (until July 2027) compared to non-promoter shares (until July 2026), which is consistent with SEBI regulations for preferential allotments. Trading members should update their systems to reflect the increased share capital and new distinctive numbers.
Impact Justification
Routine listing notice for preferential allotment shares with limited market impact. Standard warrant conversion with prescribed lock-in periods.